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2 days ago · Budget 2024: In a major step, the Union Budget 2024 presented by Finance Minister Nirmala Sitharaman on Tuesday officially abolished the "Angel tax" for all classes of investors for the financial ...
2 days ago · Finance Minister Nirmala Sitharaman announced the abolition of the angel tax for all investor classes, boosting India's startup ecosystem. This move aims to enhance innovation and attract investments, addressing industry concerns amidst a significant funding slump in 2023. By Shruti Mishra July 23, 2024, 1:11:08 PM IST (Published) 4 Min Read ...
2 days ago · Finance Minister Nirmala Sitharaman has now proposed to remove the Angel Tax. Contrary to its name, Angel Tax isn't a tax break. It's a provision under Section 56(2)(viib) of the Income Tax Act, 1961.
2 days ago · Discover how the removal of angel tax in Budget 2024 is set to encourage more investors in early-stage startups. Vineeta Singh shares insights on the impact of this significant change on the ...
2 days ago · "The elimination of Angel Tax in the 2024-25 Budget stands out as a critical development. This significant change is anticipated to greatly benefit startup investors by creating a more favorable ...
1 day ago · The angel tax was forcing startups to approach foreign investors and now after the removal of this clause from the Income tax act, budding entrepreneurs would be able to raise funds. Commerce and Industry Minister Piyush Goyal also said that the decision will help attract investments in the Indian startups and further promote the growth of budding entrepreneurs.
1 day ago · Dish TV India Ltd. has announced plans to raise Rs.1,000 crore through the issuance of various securities. The company has not yet finalized the method for raising capital but is considering a range of options including equity shares, convertible bonds, debentures, warrants, preference shares, and foreign currency convertible bonds.
